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| OCTOBER 22, 2007 |
Shipping News
- DP World plans to rebuild Cuban port: sources
State-owned Dubai Ports World, which relinquished control over six US ports in a political firestorm last year, is studying plans to build a container terminal in the Cuban port of Mariel, business sources said.
- Asian jet fuel rises to record-high
Asian jet fuel prices rose to a record in Singapore, the region's biggest oil-trading centre, after crude oil costs climbed to an all-time high.
- EasyCruise to tap Greek no-frills market
EasyCruise will add one ship a year in the coming years to tap the budding Greek no-frills cruise market, Stelios Haji-Ioannou, founder of British low-cost airline easyJet, said.
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| OCTOBER 22, 2007 |
- Fujian, Zhejiang's port throughput grows 18pc through September
- Guangxi's trade value up 42 pc in first three quarters
- Sinotrans to buy forwarding, warehousing business from parent
- APL receives 8,100-TEU vessel from Japan
- Evergreen's global management team meets in Taipei
- CN Chicago rail purchase to fast track Prince Rupert-Memphis run
- Etihad Airways to launch first China service next year
- Sydney starts its US$422 million super plane airport expansion
- Hopes high Gulfport centre will bring in Latin America's airfreight
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| OCTOBER 22, 2007 |
- Seaways Group inducts newbuilding m.v. Seaways prestige into East Coast service
- GE Shipping's Q2 net swells by 46 pc
- Nafed to import 15,000 tonnes of CPO
- Nafed may float daily tenders for palm oil
- Sudden DEPB rate cut upsets cashew exporters
- Paradip Port banks on SPM to boost cargo throughput
- DGFT debars palm oil imports via Cochin Port
- BLR Logistics expands Custom-bonded warehousing capability in New Delhi
- CONCOR flags off 1st full rakeload of domestic reefer containers ex-ICD-Dadri to Mumbai
- Customer satisfaction main priority for CONCOR, asserts Mehrotra
- World Window plans more ICDs at Nagpur, Babal & Kandla
- MDLR Cargo to take shape
- Non-Basmati exports banned in face of domestic shortage, explains Pawar
- Ficci waves red flag to FTA with China
- MF projects 8.9 pc economic growth
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| OCTOBER 19, 2007 |
- Arvind Parikh turning 80
- UPS Chairman and CEO Mike Eskew to retire, Scott Davis named as successor
- Evergreen Line's global team gathered in Taipei
- Friedrichshafen intensifies competition with Zurich
- France: freight railway Proxirail established
- Italy's forwarders also to stop trading pallets
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| OCTOBER 21, 2007 |
- ELAA calls for clarity
- Ulstein Group set to take over Sea of Solutions
- St Lawrence traffic still lagging
- ME projects spur tanker ordering spree
- US chief engineer convicted on magic pipe charges
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| OCTOBER 19, 2007 |
- TSB concerned by ferry crew cannabis use
- Ulstein plans to take majority stake in Sea of Solutions
- DOF orders PSV's at Cochin Shipyard
- FLEX LNG orders third ship
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| OCTOBER 19, 2007 |
- Tacoma Port Commission Oks purchase of two properties
- US rail freight traffic up/down during week
- AAPA Facilities Engineering Seminar scheduled for Nov. 7-9 in San Diego
- Western lumber production hits skids during 2006
- OOCL christens new container vessel
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| OCTOBER 19, 2007 |
- Shipowners face fresh round of P&I hikes
STANDARD P&I club calling for premium rises of 15%, and UK P&I Club set to deliver a further wallop.
- Huge P&I rises on way as Britannia declares 15% hike
- Shipping urged to use bunker hedging
THE majority of shipping companies, particularly in Asia, are failing to take advantage of bunker fuel hedging.
- Shaw tipped to replace Middleton
UK Department for Transport to announce the appointment of a new Secretary of State's representative imminently.
- Reflections of ABP's new man at the helm
PETER Jones reflects on his first six months as chief executive of Associated British Ports.
- Local heroes
THE debate on atmospheric emissions is still a matter of great interest to local communities.
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| OCTOBER 19, 2007 |
- Has Intertanko shot itself in the foot?
TWO weeks after an Intertanko report on shipping emissions was leaked to Fairplay, the same report has now been given to the BBC
- P&I: 15% hike becomes Standard
FOLLOWING the lead set by the Britannia, Standard P&I Club has raised its premium rates by 15% to keep up with increasingly frequent and costlier large claims
- Lanka prospects for oil
SRI Lanka is to charter a seismic survey vessel to search for petroleum deposits off its southern and eastern coasts
- Indian charges frighten trade off
EXORBITANT costs at every stage of the supply chain are dragging down the competitiveness of Indian ports, experts at a conference in India warned today
- Costa and Louis eye Larnaca
CARNIVAL'S Italian subsidiary Costa Crociere and Louis plc, the parent company of Louis Cruise Lines, are among rivals bidding for a port concession in Larnaca, Cyprus
- Australia plans new cabotage route
A COASTAL shipping service between Townsville, Brisbane and Newcastle could start within the next six months
- Eurotunnel postpones fund-raiser
- Saxony steely on JWP skulduggery
- 'Sunk' vessel towed into port
- Union ordered to hold fresh ballot
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| OCTOBER 19, 2007 |
- West Coast employers optimistic ILWU contract can be reached before deadline
Employers are hopeful accord with International Longshore and Warehouse Union can be had before current pact expires in July.
- Panama Canal expands box traffic, adds slots for '08
- New No. 2 at Homeland Security
- Carriers call for clarity on EC guidelines
- Corpus Christi opens trade corridor
- Customs Update: Import safety
- Seaway traffic slumps
- Menlo buys Chinese logistics firm
- Great Lakes loadings fall
- Rail volume slips
- AMTAC opposes import concessions for duty-free access
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| OCTOBER 19, 2007 |
- Is the EC dawn raid enigma casting an unfair shadow over the logistics industry?
Like something out of a spy movie, European Commission (EC) special agents, carried out a series of 'dawn raids' on the premises of a handful of major freight forwarders on October 10.
- QR makes east-west leap
- EC confirms consortia regulation intentions
- Escombe Lambert to drive SCI forward in Ireland
- Hanjin sign MOU with Jacksonville for new box terminal
- ESPO to analyse EU ports policy next week
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| OCTOBER 19, 2007 |
- Farmers get 1.8m clams
Evergreen has settled a lawsuit with a group of clam farmers over a bunker spill in Charleston, South Carolina.
- Fredriksen in driving seat
Frontline's shipowning arm reveals 7m share buy-back scheme.
- Holy rusty steel, Batman!
Legal fight over a Jeddah-bound shipment of rusted steel bars moves down chain of indemnity agreements as charterer sues steel company for $14.5m.
- Valdez in high court
US Supreme Court justices are scheduled to meet next week to decide whether to hear the latest ExxonMobil appeal in the case over the Valdez oil spill.
- Greens want ferry limits
Environmentalists are demanding that the Hawaii legislature tack on a list of 29 conditions to islands' embattled fast-ferry service.
- Rates hurt Concordia
Swedish owner sees third-quarter profit drop as "very weak" rates barely cover vessel running costs.
- Updraft for Eagle Bulk
Lazard Capital Markets analyst gives US-listed bulker owner a target price boost as 2008 supramax outlook improves.
- Standard goes for 15%
These shipowner P&I club directors have decided that a hefty general increase is warranted.
- Gotland gets better
Swedish tanker and ferry owner boosted by higher revenues and tax rebate in first half.
- Indonesian ferry claims 31
Another passenger ship sinks off the Indonesian coast trapping several people inside.
- Brussels' shortsea boost
New EC rules aim to cut red tape for intra-EU shipments.
- GOL cleared for overseas interest
Reserve Bank of India rules that foreign investors can buy up to 49% in offshore vessel company.
- "Rustbucket" off to Africa
Danish-controlled veteran Rigina, shamed by Paris MOU on its website in 2005, has been sold.
- Rickmers orders ten
German breakbulk owner books multipurpose series at China's Tongfang and Xinshun yards.
- Sister act for Goldenport
Greek owner continues habit of buying tonnage and sings praises of identical Danish boxship pair.
- Yang Ming comes out fighting
Taiwanese owner says bulker profit will double next year in rates boom.
- Hostile attack in Iran
AK-47 wielding gang board boxship in Shatt Al Arab waterway highlighting spread of pirate crime.
- Saaremaa scraps Sillamae route
Russian intransigence over Baltic short-cut means Estonian owner will sell ferry Vironia.
- GE profit heads north
Indian bulker and tanker owner Great Eastern posts huge second quarter earnings as revenues rise.
- DOF double for Cochin
Norwegian owner orders two supply ships at Indian yard for delivery in 2010.
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| OCTOBER 19, 2007 |
- Merrill Lynch links with V.Group
- SeaBridge plans Brownsville/Tampa service
- Diana buying two bulkers
- Heavy-lift firm SAL opens U.K. office
- Chief engineer convicted in pollution case
- CLARIFICATION: Samsung offers 16,000-TEU ship
- Santo Domingo airport workers charged with drug smuggling
- San Francisco area aims for $850 million in state freight funds
- EC logistics package unveiled
- Agility implicated in probe of DoD food supply chain
- Commerce approves first 5 Chinese firms for VEU status
- Schneider to fill No. 2 spot at DHS
- Menlo buys Chinese logistics firm
- Menlo pre-positions emergency supplies for NYC
- Sanchez named CFO at Ryder
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| OCTOBER 19, 2007 |
- Emma Mærsk is even bigger according to survey
A. P. Møller-Mærsk's E-class container vessel seems even bigger than the 14,500 TEUs claimed by several sources until now. AXS-Alphaliner, an international container research company, has done a new counting based on a detailed drawing of the ...
- Chief Engineer faces up to 15 years in prison
The former chief engineer of the roro-vessel Tanabata faces up to 15 years in prison and USD 750,000 in fines after being convicted on three counts in a Baltimore court. One count was conspiracy and two counts of making ...
- Norwegian Navy unable to man new frigates
The Norwegian Navy may be unable to train enough sailors to man its new frigates. Two vessels of a series of five have so far been delivered, the Fridtjof Nansen last year and Roald Amundsen this year. All the frigates ...
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| OCTOBER 19, 2007 |
- No relief for bunker buyers at week's end
Prices still firm on US markets despite crude sliding.
- Le Royaume announces new Singapore appointment
New head of business development to focus on customer service.
- New team member at Curoil
- Rotterdam market stays firm
- Uncertainty makes long-term investment 'impossible'
From refinery to point of delivery, long-term plans made impossible until new fuel rules become clear.
- Castrol Marine offers bulk lube supply in Shanghai
Barge deliveries to start from November 1.
- 'Golden age' for independents
Adrian Tolson of Chemoil says it is time for independent suppliers to 'stop hiding' and take a lead.
- ExxonMobil sells November cargo
Saudi-based fuel oil trader buys cargo as supply crunch continues.
- Oil producers have 'no influence' over crude rally
ADNOC official blames refining shortage and political tensions; Iran sees no need for OPEC to increase output.
- Philippines breaks ground for oil depot
New oil terminal due to be operational by 2010.
- Ship source pollution up in Hong Kong
Statistics showing a marginal rise in percentage terms of ship-generated emissions.
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